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Browse: Home / 2017 / May / 30 / Trump budget threatens SEC’s technology spending — FT

Trump budget threatens SEC’s technology spending — FT

By Securities Docket on May 30, 2017, 9:20 am

The Trump administration is planning to eliminate a part of the Securities and Exchange Commission budget that the regulator has been using to build tools for identifying insider traders and pursuing enforcement actions.

A line item buried in the proposed budget released by the White House last week would scrap a $50m annual “Reserve Fund” created in the Dodd-Frank Act that Congress passed in 2010 following the financial crisis.

via Trump budget threatens SEC’s technology spending — FT

Posted in SEC, Top | Tagged Budget

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